WASHINGTON (AP) — After a long wait, the Senate is launching action on President Donald Trump’s “big, beautiful bill” of tax breaks and spending cuts at a risky moment for the U.S. and global economy.
More than a month after House Republicans surprised Washington by advancing their framework for Trump’s $4.5 trillion in tax breaks and $2 trillion in spending cuts, Senate Republicans voted Thursday to start working on their version. The largely party-line vote, 52-48, sets the stage for a potential Senate all-nighter Friday spilling into the weekend.
But work on the multitrillion-dollar package is coming as markets at home and abroad are on edge in the aftermath
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